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Affordable
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These days, finding an affordable place to live in the Slate area can be challenging. Home prices in Slate are now at a median cost of $176,008, lower than the West Virginia average of $177,366.
The average cost of rent is $801/mo in Slate, primarily driven by the current value of real estate in the Slate area. In Slate, 10.69% of households rent, and 62.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Slate is $5,025 per month. Households that rent pay about 15.94% of their income on rent here. Slate’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hanna, WV: less expensive homes
- Kanawha, WV: higher priced homes
- Newark, WV: less expensive homes
- Mineralwells, WV: equally priced homes
- Saulsbury, WV: equally priced homes
- Davisville, WV: less expensive homes
- Elizabeth, WV: less expensive homes
- Morristown, WV: less expensive homes
- Walker, WV: less expensive homes
- Freeport, WV: less expensive homes
Cities with Similar Populations
- Norway Grove, WI: higher priced homes
- New Richmond, PA: equally priced homes
- Newcastle, NE: less expensive homes
- Niagara University, NY: equally priced homes
- Nicolville, MN: higher priced homes
- Nininger, MN: higher priced homes
- North Arms, MI: higher priced homes
- North Bergen, NY: higher priced homes
- North Fairfax, VT: higher priced homes
- North Miami, OK: less expensive homes
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